US Proposes $10B PACT Fund to Cut Hormuz Reliance, Rebuild Mideast Energy Infrastructure

The Trump administration has proposed a $10 billion fund, dubbed 'PACT,' to rebuild war-damaged energy infrastructure in the Middle East, aiming to reduce global reliance on the Strait of Hormuz. The plan signals a strategic shift toward diversifying energy transit routes, though details on funding sources and implementation remain unclear. This could reshape regional energy security dynamics and impact global oil markets.